Say you want to create a historical drama that doesn't look like crap. You have two options. Either create massive physical sets or (as is increasingly popular in Hollywood) CGI ones. Both cost an enormous amount of money. It isn't just tedious popcorn movies about superheroes or aliens that require massive budgets for effects.
This sounds a bit like District 9 (albeit having Peter Jackson as producer might exclude it) - the director then "graduated" to Hollywood, resulting in a decline in critical reception (though I've heard Gran Turismo is pretty good by video game movie standards).